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Question: What coins do you mostly gamble with?
bitcoin
ethereum
litecoin
a coin based on eth platform
dogecoin
I don't gamble much
old-school fiat is best for me
other coin

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Author Topic: Gambling with altcoins  (Read 16539 times)
bhadz
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August 01, 2017, 10:22:55 AM
 #41

We don't have to choose from other alt coins. Bitcoin is already enough for me, I just gamble with alt coins if I want to have some fun. But most of the time I'm serious when I gamble and that's why I'm risking my bitcoins(not all) in able to get also a hope to win better. I want to gamble with bitcoins and altcoins for me are just for fun.

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August 01, 2017, 10:36:33 AM
 #42

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.

There are advantages when we always use bitcoin as the only currency. The price movement is fairly high. There's a possibility, when we lose in gambling, the price increase can cover it unless we lost it all. When we found a new strategy and we wanted to test how it works, it'll be better to use altcoin like doge. For the real battle, it is good to use bitcoin.

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August 01, 2017, 11:52:56 AM
 #43

Definitely bitcoin for me, though I also gamble with Dogecoin and Litecoin, I usually just exchasnge it on Crypto-Games, so I can skip sending it to an exchange.
Their rates are pretty good and exchanging is easier than on an actual exchange.

Sometimes it's just more fun to gamble with DOGE for example, seems like your betting with bigger amounts Smiley

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August 01, 2017, 11:53:13 AM
 #44

I have been gambling in a certain gambling site and I still choose Bitcoin over any other altcoins even if I have an option to choose either Ethereum, Litecoin and Dogecoin. I tried once using Litecoin but it seems so different if I use other coins, or maybe I was just used to using Bitcoin too.
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August 01, 2017, 11:53:34 AM
 #45

although bitcoin transactions are expensive but I see many are still using bitcoin to gamble maybe because they also get benefit from expensive bitcoin prices. I prefer to use dogecoin because the low price is quite stable and transaction fees are also small.

There are advantages when we always use bitcoin as the only currency. The price movement is fairly high. There's a possibility, when we lose in gambling, the price increase can cover it unless we lost it all. When we found a new strategy and we wanted to test how it works, it'll be better to use altcoin like doge. For the real battle, it is good to use bitcoin.

I don't think only Bitcoin will go up always. Because from last few months ETH went up from 20+ to around 400+ but Bitcoin didn't go so much high in the same period. So which coin will go high or low no one can tell you in advance. It is better to keep all good altcoins with you and book profit when you're in a profit. I too prefer to gamble more with Bitcoin than altcoins.
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August 01, 2017, 01:06:26 PM
 #46

I have been gambling in a certain gambling site and I still choose Bitcoin over any other altcoins even if I have an option to choose either Ethereum, Litecoin and Dogecoin. I tried once using Litecoin but it seems so different if I use other coins, or maybe I was just used to using Bitcoin too.
yes bitcoin give more pleasure for gambling as we think like we are gambling with real money and we think like we are gambling with our own currency while if sometimes when the transaction take too much time then we gamble with altcoin.
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August 01, 2017, 02:29:49 PM
 #47

I always go for bitcoin when gambling because there's not a lot of sportsbook out here that accepts or use altcoin and i'm not familiar with the concept of other coins. If bitcoin is not an option for the poll because of what will happen today my alternative option would be litecoin because I know a couple sportsbook that accepts litecoin.

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August 01, 2017, 03:17:59 PM
 #48

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?

I don't see many coins supporting altcoins except for ETH/Litecoin as others are highly volatile. BitcoinRush.io accepts waves too but mostly it will be only bitcoins even after this split. Now there would be faster confirmations too and I don't think price would be much of an issue. Till now no gambling site has incurred a loss due to the price of BTC and users prefer withdrawing coins in BTC rather than altcoins.

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August 01, 2017, 03:48:47 PM
 #49

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?

I don't see many coins supporting altcoins except for ETH/Litecoin as others are highly volatile. BitcoinRush.io accepts waves too but mostly it will be only bitcoins even after this split. Now there would be faster confirmations too and I don't think price would be much of an issue. Till now no gambling site has incurred a loss due to the price of BTC and users prefer withdrawing coins in BTC rather than altcoins.

Actually dogecoin is quite stable. So far, it is around 30-60 satoshi. It is actually a coin with no purpose but the good thing is that the price is more stable. There wont be much pump and dump action and there is still a certain demand for the coin.
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August 01, 2017, 05:34:13 PM
 #50

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?

I don't see many coins supporting altcoins except for ETH/Litecoin as others are highly volatile. BitcoinRush.io accepts waves too but mostly it will be only bitcoins even after this split. Now there would be faster confirmations too and I don't think price would be much of an issue. Till now no gambling site has incurred a loss due to the price of BTC and users prefer withdrawing coins in BTC rather than altcoins.

Actually dogecoin is quite stable. So far, it is around 30-60 satoshi. It is actually a coin with no purpose but the good thing is that the price is more stable. There wont be much pump and dump action and there is still a certain demand for the coin.

I think it will be a good idea to use Doge as a casino coin or gambling coin. It will increase the demand for the coin and the stability of Doge is great compared to other altcoins. There are some anonymous coins which are preferable but I dont mind using BTC or other altcoins.

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August 01, 2017, 05:58:31 PM
 #51

I always go for bitcoin when gambling because there's not a lot of sportsbook out here that accepts or use altcoin and i'm not familiar with the concept of other coins. If bitcoin is not an option for the poll because of what will happen today my alternative option would be litecoin because I know a couple sportsbook that accepts litecoin.

Maybe for now we will still use bitcoin as gambling coin, here we can still use bitcoin in safe amounts, because in some gambling houses and sportsbook they have changed the minimum amount we can pair for each bet.

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August 01, 2017, 06:01:12 PM
 #52

Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.
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August 01, 2017, 06:01:55 PM
 #53

In crypto gambling. Since bitcoin transaction fee went up, i started switching using litecoin because litecoin fee was very low and quite quickly confirmed.
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August 01, 2017, 06:15:58 PM
 #54

Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.
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August 01, 2017, 07:04:30 PM
 #55

In crypto gambling. Since bitcoin transaction fee went up, i started switching using litecoin because litecoin fee was very low and quite quickly confirmed.
Big players might not care about few dollars in fee, they will keep playing with bitcoin even if they have to pay more than 10$ for a single bitcoin deposit in fee so that they can play as soon as possible. Also most of the gambling platform instantly credit deposits if transaction have enough fee included.

I have played few dice games with ethereum before but mostly I love to play with just bitcoin.

 
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August 01, 2017, 07:06:15 PM
 #56

Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
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August 01, 2017, 11:15:27 PM
Last edit: August 03, 2017, 02:42:04 AM by bncbnc
 #57

Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
to me i personally never play gambling with alt. in fact i only play with bitcoin. bitcoin is the currency and it make me confuse when i decide to play with some other currency. i think 99% people may be also playing gambling  with bitcoin and very few people may play it with altcoin.

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Ziskinberg
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August 01, 2017, 11:34:25 PM
 #58

Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
to me i personally never play gambling with alt.
Altcoins are getting popular also now in most of the gambling sites so I think we will be gambling with alts in the future as well.
The more choices to gamble the more people will be attracted to play as in this crypto world not all people are just bitcoin lovers, altcoins are getting into the picture as well, it will be beneficial for both the gamblers and the operators as it brings more fun to gamblers and profit to operators.

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Caladonian
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August 02, 2017, 02:41:23 AM
 #59

Bitcoin is still cheap to gamble with because most of the casino even accept 10000 satoshi bet. Talking about delay in deposits due to network confirmation, yes bitcoin is quite slow and I have even used ethereum before to make fast bets in directbet when they were alive.

I think there are many people who are also gambling with other alts but majority of gamblers still prefer bitcoin to bet with.

People don't care for confirmation time and fee more people prefer bitcoins to play gambling. Becasue it has one value and betting with bitcoins and altcoins give a different experience. If we put bitcoins that tension and excitement are different than altcoin betting. Here coin is not mattered the value of the coin is matter.

For few peoples including me likes to gamble with alts as well. Using altcoins seems fair and exciting for me. But ya as you said the excitement does grow if I do it with Bitcoins, but not always, the experience is really different.
Still very few places I am able to gamble with altcoins, so I do still prefer Bitcoin most of the time as it also saves me extra hassles.
to me i personally never play gambling with alt.
Altcoins are getting popular also now in most of the gambling sites so I think we will be gambling with alts in the future as well.
The more choices to gamble the more people will be attracted to play as in this crypto world not all people are just bitcoin lovers, altcoins are getting into the picture as well, it will be beneficial for both the gamblers and the operators as it brings more fun to gamblers and profit to operators.
more and more gambling site also creates their own token most of them gives dividends for sure after they create token they will also
open alts being use to their site and its amazing to see more gamblers to adopt alts as also the basis of their bets.
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August 02, 2017, 03:34:41 AM
 #60

I see many coins around. Even a year ago there were some casinos accepting litecoin and dogecoin. As bitcoin is now really expensive and slow plus some people are afraid of tomorrow's segwit thing, I thought it would be interesting enough to create a poll and see how many people still gamble with bitcoin and are there many fans of other coins. Nowadays the range is really wide, so we have what to choose from What do you think?
I prefer to use dogecoin, because dogecoin has low fees and fast transaction. But not many gambling sites accept altcoin and if so I will use bitcoin to play gambling on those sites that have not received altcoin, since most gambling sites that accept cryptocurrency will only use bitcoin.
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